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Four held in massive pyramid scheme

1 min read
Pyramid scheme

A Pyramid scheme. Image: Security and Exchange commission, U.S. Federal Govt.

Police have arrested four executives of UFun Store Co Ltd, which operates an alleged pyramid scheme of the same name that involves 14,700 people and 10 billion baht in possible damages.

Thai Rath Online reported on Saturday the executives were charged with collaborating in fraudulent borrowings.

Read more: Bangkok Post


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